Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand. Read More at https://cointelegraph.com/news/4-reasons-why-bitcoin-price-is-not-trading-above-70k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
Unsubstantiated Tether investigation report shakes crypto market
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations. Read More at https://cointelegraph.com/news/us-government-investigates-tether-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETF demand hits 6-month high while futures volumes remain ‘subdued’
Spot Bitcoin ETF demand soars to a six-month high, but BTC futures contract volumes “remain somewhat subdued” and could be a reason why the price is constrained. Read More at https://cointelegraph.com/news/bitcoin-etf-demand-hits-6-month-high-while-futures-volumes-remain-subdued?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum nodes on phones, Tether market cap tops $120B: Finance Redefined
Tether’s record market capitalization signals the potential start of the next bull run amid growing investor anticipation of a major Ethereum upgrade. Read More at https://cointelegraph.com/news/ethereum-nodes-on-phones-tether-market-cap-tops-120-b-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SOL, XRP ETF filings are ‘call options’ on Trump win: Bloomberg analyst
In the United States, issuers are seeking to register ETFs for Solana and XRP ahead of the November presidential elections. Read More at https://cointelegraph.com/news/sol-xrp-etf-filings-call-options-trump-win?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Neuromorphic computing breakthrough could enable blockchain on Mars
The first interplanetary blockchain-based transaction could potentially happen in 2026. Read More at https://cointelegraph.com/news/neuromorphic-computing-breakthrough-enable-blockchain-mars?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum price enters buy zone — Is a revenge rally in the making?
Ethereum could be preparing to bounce from a demand zone at $2,500, as fresh activity in ETH derivatives markets catches traders’ attention. Read More at https://cointelegraph.com/news/ethereum-price-enters-buy-zone-is-a-revenge-rally-in-the-making?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoins and the dollar: Allies or adversaries in the new financial era?
As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy? Read More at https://cointelegraph.com/news/stablecoins-dollar-allies-adversaries-new-financial-era?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance Connect relaunches with integrated crypto-to-fiat service
Binance has integrated the revived Binance Connect service more tightly into its ecosystem. Read More at https://cointelegraph.com/news/binance-connect-crypto-fiat-relaunch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitstamp secures trading facility license in Europe
Bitstamp is now authorized to offer crypto derivatives products, such as perpetual swaps, to institutional clients. Read More at https://cointelegraph.com/news/bitstamp-secures-trading-facility-license-europe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound